Ferlinghetti Enterprises is considering a project with a cost of 105 and the following cash flows:

Year Cash Flow

1 25

2 29

3 32

4 37

5 41

6 39

The appropriate discount rate is 8.45% and the company has a 4 year maximum on discounted payback. The discounted payback period for the project is closest to:

A. 4.2 years

B. 3.5 years

C. 4.0 years.